ICON Foundation Announces Its New Accelerator Initiative in Singapore

The ICON Foundation recently announced a new accelerator initiative with TRIVE Ventures and PwC Singapore’s Venture Hub. The Tribe Accelerator (TRIBE) will also be the first blockchain accelerator backed by Enterprise Singapore, the leading government agency dedicated to startups.

Helping Later-stage Blockchain Companies

The TRIBE accelerator will be primarily supporting later-stage blockchain companies in Asia, helping to drive mass adoption of blockchain technology through real use cases. The program will open twice in a year, each for six months. The startups enrolled with the program will be provided “comprehensive support from business consultancy to technology advisory.” In addition to this:

“TRIBE will function as a platform where enterprise partners and government agencies can collaborate and create synergies for blockchain projects coming onboard.”

ICON’s Singapore Launchpad

ICON will operate the Singapore Launchpad through TRIBE. It will follow in the footsteps of ICX Station launchpads in San Francisco, Tokyo, and Seoul. ICON wrote:

“We truly believe TRIBE will play an important role as a gateway for new startups to utilize ICON’s technology to pursue the disruptive potential of blockchain technology.”

ICON and TRIVE Ventures collaborated previously in May when ICON helped in co-developing blockchain courses for TRIVE’s programming schools – Coder School Vietnam and Upcode Academy Singapore. This time, ICON will be the technical partner in the new venture, helping startups transform blockchain-based ideas into real-world products.

TRIBE’s aim is to help generate more public awareness of the relevance and advantages of blockchain technology which could be realized through backend digital solutions and decentralized applications. The first batch of the program is expected to start with eight startups.

The venture will officially kick off in the first quarter of 2019, followed by a global demo tour of Japan, South Korea, and Singapore for the incubated startups. This tour will help startups with testing their solutions in real markets and learning best practices.

ICON Foundation Announces Its New Accelerator Initiative in Singapore was originally found on [blokt] – Blockchain, Bitcoin & Cryptocurrency News.